STARWOOD INTRODUCES 'TRIBUTE' PORTFOLIO
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Starwood Hotels & Resorts has introduced Tribute Portfolio, the company’s 10th brand and second collection of independent hotels. Promising owners, Starwood Preferred Guest (SPG) members and guests the ability to “Stay Independent,” the Tribute Portfolio brand will be comprised of outstanding independent hotels and resorts.
With a firm focus on upper upscale hotels, Tribute Portfolio will complement Starwood’s The Luxury Collection brand and further solidify Starwood as the world’s most global high-end hotel company. The brand has made its debut with its first featured hotel, Royal Palm South Beach Miami and will soon open new hotels in Asheville, North Carolina, Nashville, Tennessee, Savannah, Georgia, and Charleston, South Carolina.
“With Starwood’s history of brand innovation, design leadership and our leading global high-end footprint, we believe Tribute Portfolio will be an exciting solution for hotel owners of distinct properties who wish to maintain their independent spirit, yet benefit from Starwood’s powerful distribution, loyalty and sales platforms,” said Adam Aron, Starwood’s Chief Executive Officer. “Our mission with Tribute Portfolio is very simple: bring great hotels in great destinations to our loyal SPG members, who make up more than half of all Starwood stays.”
With a long runway to grow, Starwood expects 100 Tribute Portfolio hotels by 2020.